You posted a link from an economist backing up your claim, while ignoring the overwhelming economic data and analysis that hammers home the opposing view. If a single viewpoint can be held out as proof against a mountain of conflicting evidence, then hereís a link to a scientific study outlining why global warming does not exist. I guess that settles it...

faith2005

i hate to say it, but after reading this thread, i find it really hard to believe that a black man whose parents own three homes would be discouraging other young black people from buying a home. i am not planning to buy a home right now, but i have seen other people do it who are 35 and under, and none of them regret the decision. i mean its almost guaranteed that if you own a home and rent it out, the renters are paying the mortgage plus extra. and even if its in a neighborhood where the property values are falling, the rent might be low, but its still probably going to cover the mortgage plus some. i see it here in b-more, as the neighborhood changes, white people are buying the houses, sometimes its their second/third, but one landlord i met actually lives in florida and owns a home in baltimore broken up into apts. and with a 2 family, even if you don't rent out the other half, you can split it with family and pool your resources in terms of child-care/property maintenance and everything else. i think that book rich dad/poor dad talks alot about this issue. the man made millions off of home ownership and he didn't start off wealthy at all.